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In February, Disha , a Nigeria-based platform that allows digital creators to curate, sell digital content, create portfolios and receive payments from their audience globally, announced that it was closing shop. Although Disha had users globally, its revenues were low, making slightly above $1,000 in monthly recurring revenue.
Social commerce — the process of buying and selling products or services directly through social media platforms like Facebook, Instagram and TikTok — is becoming the most natural way for consumers to make purchases since people use social media and messaging apps almost every day. and other countries in Europe. trillion by 2030.
Founded in 2014, Rohlik’s funding comes at an interesting and key moment in the online grocery business, in Europe and beyond. Even with some (very much not all) countries in Europe relaxing parts of their orders, grocery has remained a very-much used online category in markets where it is available.
Health and wellness apps startup Palta has raised $100 million in a Series B round led by Per Brilioth at VNV Global, with the participation of Target Global and other existing and new investors. Mobile and preventative health services are the future of the health industry,” said Per Brilioth, CEO of VNV Global. “As
On the retail side of its platform, people can use its mobile app to earn a yield on their crypto holdings (6% on Bitcoin, 8.6% Their vision was to build an easy-to-use, trusted platform to bring cryptocurrency to the mainstream, and they’ve truly succeeded,” he added. Bumped its monthly revenue to over $50 million, up from $1.5
Charles’ platform in action. On top of that, retailers can use the Charles platform to create automated opt-in flows (e.g. Conversational commerce comes to Europe. One point worth noting is that Charles has specifically built its platform with Europe’s data privacy laws (i.e. GDPR) firmly in mind.
However, after gaining little traction, it was clear that Bumpa had to evolve to meet the growing demands of businesses on the platform, including recording sales and bookkeeping, inventory tracking, and storing customer details. We want to be that connecting platform on the continent. The play is similar to what Charles has in Europe.
Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business. billion. .
Now, Autify’s software testing automation addresses the issues of a labor shortage as well as technical difficulty through its no-code platform. Autify announced today it has secured a $10 million Series A round to support new product development, including its launch of native app testing for mobile and global expansion.
As the global agricultural industry stretches to meet expected population growth and food demand, and food security becomes more of a pressing issue with global warming, a startup out of South Africa is using artificial intelligence to help farmers manage their farms, trees and fruits. million, according to Aerobotics.
Moov, a data-fueled marketplace for used manufacturing equipment , has closed a $41 million Series A funding round led by Tiger Global. It also plans to expand its global presence in China, Taiwan, South Korea, Japan, and Europe. With close to $1.5
Moove , an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $105 million in new Series A2 financing. Here’s how it works: Drivers sign up on the platform and, once verified, are trained and sign contracts with Moove to access loans to buy or rent cars.
One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., The Gurugram-based startup is building an Amazon-like platform to help brands quickly find relevant influencers for their marketing campaigns.
Fashion items are among the most — if not the most — sought after on many e-commerce platforms. Behind such transactions is cross-border commerce, where African brands, via personal shoppers, export their items to a global audience. to shop for and ship luxury items to them. million) in pre-seed funding. million) in pre-seed funding.
His platform AngelList has helped individual founders-cum-investors source and participate in deals via collectives. The idea was to bring global founders together with diverse skillsets in diverse industries and geographies to evaluate deals better and drive value for each other. Thus, they decided to create MAGIC.
The round was led by Tiger Global with participation from returning investors Sequoia Capital India & Southeast Asia, and new investors DST Global Partners and Shopify (marking the e-commerce platform’s first venture investment in a startup operating in the Southeast Asia region). WATI founders Ken Yeung and Bianca Ho.
SubsBase , a no/low-code platform, helps such businesses and removes their overhead by managing the full subscription life cycle of invoicing, payments, and notifications. million in seed funding led by Middle East and Africa-focused venture capital firm Global Ventures. The Egyptian startup has raised $2.4
The challenge that Remote is addressing is longstanding in the world of work, one that has been exacerbated with globalization. There are a number of tech startups in the market today that are tackling different aspects of remote employment, including the likes of Papaya Global, Oyster, Deel, HackerRank, and Turing. .
Given the likely global recession, small businesses are reaching for new kinds of financing. Philipp Povel, co-founder and co-CEO of Mondu, said there is a “$200 billion opportunity just in Europe and the U.S., which is bigger than the global consumer BNPL market.”.
HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. Darwinbox operates a cloud-based human resource management platform. I am a strong believer in the SaaSification of Asia.
The deal is a sign of things to come for established markets like Europe and the U.S. Global Founders Capital and STV led the funding round, with participation from Delivery Hero and CCVA. Globally, BNPL services address obvious pain points around the flexibility of payments for customers and better conversion rates for merchants.
Union54 , the first Zambian startup backed by Y Combinator, has gotten another major venture capital firm on its term sheet: Tiger Global. Its partners include African unicorn Flutterwave and newer companies such as Payday and Plumter (cross-border fintechs) and crypto exchange platform Bitmama.
million seed round, and while that may be the kind of funding a younger company takes, the livestream shopping platform is actually a “veteran” in this emerging way of shopping. In fact, that is how buywith started out with Walmart, enabling the retail giant to get up and running with the platform and go live immediately, Ronen Almagor said.
Lengow operates a software-as-a-service platform to optimize e-commerce listings. Manually listing items across multiple e-commerce platforms would be extremely tedious. It can be a marketplace, a price comparison website, a social network or an adtech platform. There are 4,600 merchants using Lengow globally.
The fishing market globally was worth $253 billion in 2021, and despite the controversy that swirls around the industry, that figure continues to grow. Buyers on the platform can source seafood from 13 different countries, although Iceland, Watt said, is the biggest sourcing country at the moment.
Maritime recruitment platform Seafair was created to solve these problems. Greece is one of the global superpowers in shipping, so when I was working in consulting, I became close to the industry and really fell in love with it.”. Maritime intelligence platform Greywing raises seed funding from investors like Flexport.
s biggest buy now, pay later startups, has been appointed to CEO of shift work management platform Deputy. Before joining Affirm in 2019, Martincevic led Groupon’s international business in Europe, Asia and Australia as chief operating officer and chief marketing officer. She will also take a seat on Deputy’s board of directors.
The Cologne-based cybersecurity awareness and testing platform has now raised a $73 million Series B funding round led by growth-capital fund Highland Europe. SoSafe competes with platforms like Knowbe4 (that went public in 2021) and Cofense, which has raised $58 million to date. The latest to scale up in this space is SoSafe.
New investor Salesforce Ventures, along with existing backers Felicis Ventures, Blackbird Ventures, Index Ventures, Sapphire Ventures, Skip Capital, Grok Ventures and Global Founders Capital also participated in the round. It is also growing in Europe, so some of its new funding will be used on its dual data centers.
Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. The startup was founded earlier this year to build a fintech-as-a-service platform for Latin America.
One such platform that is helping consumer brands leverage their data to grow is Gameball , a customer intelligence and marketing CRM platform, that was launched in 2020 by egyptian entrepreneurs Ahmed Khairy (CEO) Ahmed El Assy (CPO), and Omar Alfar (CTO). Gameball’s expansion drive is backed by a $3.5 Gameball raises $3.5M
It continues to be a very rough week for e-commerce companies in Europe. In the latest development, TechCrunch has learned and confirmed that Getir — the $12 billion quick commerce upstart that provides grocery essentials and sundries and promises delivery of them in minutes — is cutting 14% of its staff globally.
For many of us, going to work these days no longer means going into a specific office like it used to; and today one of the startups that’s built a platform to help cater to that new, bigger world of employment — wherever talent might be — is announcing a major round of funding on the back of strong demand for its tools.
From responding to a global pandemic to standing up for equality and reacting to ongoing geopolitical forces, our nonprofits are leading the charge in bettering our communities. Since 2020, the global community has seen geopolitical uncertainty and a pandemic. Supporting the Global Community to Create a Lasting Impact.
Bfree , a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 or in Europe have the opportunity to sell significant chunks of their debt portfolios to third parties. million, having realized $800,000 in a seed round last May. Lenders in the U.S. In emerging markets, this is typically not the case.
But we can get a peek at a critical part of the VC universe early, thanks to a preview of global fintech investment results from CB Insights. Some startup stages and regions did well, but amidst the good news, one of the hotter domestic segments of startup land is not set to have a good global year. Let’s get into the numbers.
Mambu , a Berlin-based startup that describes itself as an SaaS banking platform — providing, by way of APIs, technology to banks and others to power lending, deposit and other banking products — has closed a round of €110 million (about $135 million at today’s rates). That could lead to consolidation, too.
In the EU’s press release , it says that lawmakers agreed that the companies behind WhatsApp, Facebook Messenger, or iMessage would have to make their apps “interoperable” with smaller messaging platforms at the developers’ request. As the EU states in its press release, it can fine a company up to 10 percent of its global annual revenue.
The startup’s new wholesale business dubbed The Folklore Connect , will link luxury fashion brands in emerging markets to bulk retailers in North America, and later, in Europe. The Folklore Connect is a B2B wholesale platform that links African luxury brands to retailers in the US. We are looking at it from a global perspective.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. and Europe and helps protect the reputation of the fintech industry.
in 2019, AeroCloud says that it’s already working with Manchester and Eindhoven airports in Europe, while in the U.S. The AeroCloud platform The company also says that it taps machine learning smarts to serve its customers with forecasts using historical data, such as estimating passenger numbers for a specific time of year.
Apkudo , a Baltimore-based startup developing a platform to help manage, sell and test connected devices like smartphones and laptops, today announced that it raised $37.5 “Management chose to raise now so that we can respond appropriately to the intense market demands for the Apkudo platform,” Matthews said.
and Europe, Middle East and Africa. Reprise offers a similar platform where software companies can create product demonstrations and tours. CEO Jonathan Friedman says that the proceeds will be put toward growing the company’s footprint while investing in R&D, sales and marketing across the U.S.
“There is a massive lack of supply on these platforms, so we have focused on taking the most partner-friendly lowest commission,” he said. “We started off in Eastern Europe and Africa because those markets had a bigger need. . “We started off in Eastern Europe and Africa because those markets had a bigger need.
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